Princeton raises tuition (and financial aid)

<p>Doesn't matter to me, but I thought this part was amusing:</p>

<p>
[quote]
Princeton's board of trustees approved the increases during a closed-door meeting during Saturday's snowstorm.

[/quote]
</p>

<p>From the NJ Star Ledger:</p>

<p>Princeton raises tuition, financial aid
Wednesday, January 26, 2005
BY KELLY HEYBOER
Star-Ledger Staff</p>

<p>The total cost of attending Princeton University will top $40,000 next fall under a new tuition plan approved by the school's board.</p>

<p>Students will pay 5 percent more in tuition during the 2005-06 school year, slightly more than last year's 4.5 percent increase, Princeton officials said.</p>

<p>Undergraduates will be charged $31,450 in tuition, $4,610 for a room and $4,153 for meals, according to the plan. Graduate students will face similar hikes. </p>

<p><a href="http://www.nj.com/search/index.ssf?/base/news-8/11067226556070.xml?starledger?nnj%5B/url%5D"&gt;http://www.nj.com/search/index.ssf?/base/news-8/11067226556070.xml?starledger?nnj&lt;/a&gt;&lt;/p>

<p>the rest will soon follow</p>

<p>Raise the price to 50,000! kids will still attend.</p>

<p>Yeah. I'm pretty poor by US standards and I don't really grasp these big numbers. After a point it doesn't matter*. I hardly know tuition figures for the schools I've applied to, only the finaid situation.</p>

<ul>
<li>for the very poor and the very rich I guess</li>
</ul>

<br>


<br>

<p>That's about the cost of attendance THIS year at DS's university. I'm sure they will have an increase also. Cost of attendence this year exceeded $41000.</p>

<p>It will continue to increase until the subsidy for those who could pay the full freight ($65k) is eliminated. It wouldn't hurt them much if they did it all in one fell swoop, but instead the institutions continually leapfrog over each other.</p>

<p>The total cost is closer to $43k than $40k.</p>

<p>They were expecting the increase to be approved because this is the breakdown of the expenses they gave us in our ED acceptance package, dated December 10, 2004.</p>

<p>Basic Charges:<br>
Tuition: $31350<br>
Room: $4531
Board: $4145 </p>

<p>Other Costs:
Books & Personal Expenses: $3174</p>

<p>Total Student budget: $43200</p>